Knowledge Centre

Key Statistics

$ Billion*

Total Defence Budget (FY 2019-20)

$ Billion*

Capital Expenditure Allocation (FY 2019-20)

$ Billion*

Revenue Expenditure Allocation (FY 2019-20)

%

Growth in Expenditure in 2019-20 over 2018-19

Sector Snapshot

India maintains the second largest standing armed forces in the world by size, is the eighth largest spender on defence and the second largest importer of defence equipment (SIPRI, March 2019). Considering the size of Indian Defence Forces, and their modernisation needs, India has maintained a consistent defence spending pattern over the last decade to build defence capability, as also its defence industrial base.

8 – 10 % CAGR

Steady growth

5000>

Micro, Small and Medium Enterprises (MSMEs)

49%>

FDI permitted with Government approval

Defence Industrial Licences issued till end of FY 2018-19

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Latest News

  • ATAGS clears Trials, Ready for Induction : DRDO Chief idrw.org .Read more at India No 1 Defence News Website http://idrw.org/category/india/ .

    India’s first indigenously built Advanced Towed Artillery Gun System (ATAGS) with automated ammunition handling facility will be inducted in the Army soon. The 155 mm and 52 calibre howitzer is the world’s longest range gun system in its class.

  • 21 Defence Offset Contracts Worth USD 5.67 Billion Sealed In Last 3 Years

    "According to the study conducted, till March 2019, MoD has signed 52 offset contracts valued at USD 11.79 billion to be discharged through Indian offset partners," MoS for Defence Shripad Naikthe minister said. Twenty-one defence offset contracts with cumulative value of USD 5.67 billion have been sealed by the defence ministry in last three years, the government said on Wednesday.

  • Defence Offsets Worth $5.67 Billion Signed In 3 Years

    The union government has entered into 21 defence offset contracts worth a cumulative value of $5.67 billion over the past three years, Minister of State for Defence, Shripad Naik informed the Lok Sabha on Wednesday. Naik furnished the information through a written reply to a question raised by Lok Sabha MPs - D S Mane, Shrikant Shinde and Sujay Radhakrishna Patil.

  • Indian Army to reduce orders of sniper rifles by about 70%

    The Indian Army plans to buy just 1,800 state-of-the-art sniper rifles and 2.7 million rounds of ammunition — less than a third of its total requirement — driven by budgetary constraints and the need to speed up deliveries, people with knowledge of the matter said.

  • Three Rafale jets handed over to India, confirms Centre

    Three Rafale fighter jets have been handed over to the Indian Air Force and are being used to train IAF pilots and technicians in France, the government said on Wednesday.India and France signed an Euro 7.87 billion (Rs 59,000 crore approximately) deal in September 2016 for 36 Rafale jets.

  • India to Buy BAE Systems’ MK 45 Naval Guns worth $1 Billion

    The United State has approved a possible Foreign Military Sale to India of up to thirteen (13) MK 45 5 inch/62 caliber (MOD 4) naval guns and related equipment worth $1.0210 billion.The principal contractor will

  • MDL is our natural partner for submarine project: Naval Group

    Ahead of the contest for the largest initiative in the defence sector under the Make in India programme, French firm Naval Group has termed the state-owned Mazagon Dock Shipbuilders Limited (MDL) its natural partner for the Rs 45,000-crore submarine project of the Indian Navy citing the joint production of Scorpeneclass submarines.“We are natural partners.

  • Now, IIT & IISc will help forces to get futuristic defence technologies

    The government has set up a national task force to help bring in the country’s premier technical and scientific institutes to work on ‘futuristic defence technologies’ and address defence and security requirements of the country

  • Russia Begins Serial Production of S-400 Missiles For India

    Russia has started the production of S-400 missile defence systems for India and the delivery of the much-anticipated missiles systems is expected to be completed by 2025. This was confirmed by CEO of Rostec Sergei Chemezov told Dubai Airshow 2019.

  • Search Results Web results India nearing C295 contract go-ahead, Airbus believes

    India’s long-running process to replace its Hindustan Aeronautics-built HS 748 – or “Avro” – fleet of utility transports could be nearing an end, with Airbus Defence & Space confident of concluding an order for its C295.

  • India, Russia To Sign Ka-226T Contract By May 2020

    "An Indo-Russian joint venture has been created. The helicopter is being updated based on the requirements of the Indian Ministry of Defense.

  • MWF-Tejas Mk2 will be 4.5++ Gen plane with 5th Gen Avionics

    The Indian Air Force (IAF) has agreed to procure 200 Medium Weight Fighter (MWF) fighter jet in near future to replace the whole fleets of Mirage-2000-5 and Mig-29UPG but also has laid down strict guidelines

  • India, France to jointly patrol Indian Ocean Region, says French Navy head

    In a move aimed at strengthening the defence ties, French Navy Chief Admiral Christophe Prazuck announced on Monday that the navies of India and France will carry out joint patrolling in the Indian Ocean region next year.

  • DRDO developing next-gen 6.8mm assault rifle

    U.S. Army leaders are one step closer to deciding on a supplier for its Next Generation Squad Weapon (NGSW ) system which will replace trusty 5.56mm M4A1 carbine and the M249 squad automatic weapon used in combat units until now.

  • HAL eyes first foreign sale of Tejas as Malaysian air force shortlists contenders

    Amid a slump in India’s bilateral ties with Malaysia, state-run Hindustan Aeronautics Ltd (HAL) is eyeing the possibility of selling its Tejas fighter jet to the south-east Asian country, ThePrint has learnt. The Malaysian Air Force has shortlisted the Indian jet as a contender for the contract of its 36 new Light Combat Aircraft.

  • Federal contracts from Oct. 4 to Nov. 15.

    BAE Systems Information & Electronic Systems Integration Inc., Hudson, won an indefinite delivery/indefinite quantity $2,684,650,000 sole source federal contract from the U.S. Naval Air Systems Command for advanced precision kill weapon systems II full rate production.BAE Systems Information and Electronic Systems Integration Inc., Merrimack, won a $733,538 federal contract from the U.S.

  • India-US $7.5 Billion Deals For Armed Drones, Spy Planes In Pipeline

    Amid growing military ties between India and the US, the Indian military is moving closer towards deals for procuring American defence equipment worth over $7 billion from the US, including Sea Guardian armed drones and naval spy planes.

  • Boeing and EGYPTAIR MAINTENANCE & ENGINEERING Sign MRO Service Agreement, Supply Chain Orders

    Boeing and EGYPTAIR MAINTENANCE & ENGINEERING (EGME) today announced agreements that will approve the Cairo-based MRO as Boeing's first maintenance supplier in Africa and the Middle East region. The agreement enables EGME to provide aircraft, engines and component maintenance services and solutions to Boeing customers.EGME will also receive landing gear exchange and overhaul support through the Boeing Landing Gear Exchange Program.

  • MMRCA 2.0: Hot engine tech and AMCA Collaboration holds key to winning Worlds biggest fighter jet tender

    India’s indigenously developed Kaveri engine is unlikely to power any fighter jet in the future but India is pinning its hopes on getting its hands on the “hot engine” technology what is known as the

  • UK Pitches its State-of-the-Art Super Aircraft Carrier to Make it in India

    The statement comes days after Indian Navy chief Admiral Karambir Singh highlighted the requirement of three aircraft carriers for the Navy to overcome critical capability voids during a naval commanders’ conference in New Delhi.

Industry Voice

Customer Testimonails
Mr. Baba N. Kalyani President, SIDM and Chairman, Bharat Forge Limited

Make in India is a priority, and defence is a focus sector. The role for SIDM in this context is cut out; it is to focus on indigenisation, R&D, connecting industry, academia and research institutions, in addition to facilitating participation of small and medium scale industries in defence production.

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Customer Testimonails
Mr. Jayant D. Patil Vice President, SIDM and Sr. Exec. Vice President, Whole-Time Director and Member of the Board, Larsen & Toubro Limited

SIDM has been created to act as the single point of contact between the industry and the government. SIDM endeavours to work closely with the government on policy related issues, collaborate with experts from the industry, academia, R&D institutions, and through this, bridge the gap between the armed forces and the industry. SIDM also provides thought leadership, facilitates dialogue, convergences and consensus to resolve policy related issues and aid the flagship Make in India campaign.

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Customer Testimonails
Mr. Atul Punj Member of the Executive Council of SIDM and Chairman, Punj Lloyd Limited

India has the 2nd largest armed force in the world and ranks 5th globally in terms of military spending. At the same time, most of this military spending is exhausted on importing equipment, which must change. Indigenisation is the need of the hour and SIDM is uniquely positioned to push the industry in this direction.

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